Stocks post 3-week losing streak as tech falls

Finance


A pedestrian carrying a protecting masks exits from the Wall Avenue subway station in New York, on Monday, July 20, 2020.

Michael Nagle | Bloomberg | Getty Photographs

Dow Jones Industrial Common drops 244 factors

Tech ends downbeat week on bitter word

Apple dropped 3.2% and Amazon pulled again by 1.8%. Microsoft ended the day down 1.2%. On the S&P 500 sector degree, tech fell greater than 1% on Friday. These losses drove main benchmarks to their first three-week shedding streaks since final yr. 

U.S.-China tensions simmer

What occurs subsequent?

Nike and Costco are among the many firms set to report earnings subsequent week. The newest have a look at present U.S. dwelling gross sales can also be scheduled for subsequent week. 

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